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Chinese Crypto News Site ChainNews Shuts Down

The space for crypto media in China is shrinking.

Beijing (Zhang Kayiv/Unsplash)
Beijing (Zhang Kayiv/Unsplash)

ChainNews, one of China’s top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk in a Twitter message.

  • Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk.
  • On Nov. 15, ChainNews said its website would be down for maintenance for a few hours, but that the team would continue posting news on its Telegram channel and Twitter account. The news site has gone silent in both platforms since Nov. 25.
  • The closure follows China’s Sept. 24 statement that it would step up censorship of crypto news sites along with its escalated crackdown on trading and mining.
  • Liu refused to comment further on the closure.

Read more: Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues

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Eliza Gkritsi

Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI, having previously covered mining for two years. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She owns 25 WLD. She tweets as @egreechee.

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